Who is this team that just built something on our permissionless liquidity layer without asking for permission?
One of the coolest things about blockchain is that anyone can simply show up and start building. Orderly is an L2 blockchain built using the OP stack, and we offer a set of powerful templates to easily design your own perp DEX.
Orderly is set to be one of the first infrastructure providers on an extremely hyped blockchain called Monad. Monad is a Layer 1 blockchain that boasts 10,000 transactions per second, 1-second block times, single-slot finality, and low hardware requirements.
It only makes sense to leverage the excitement around Monad. That’s where Veeno comes into play.
We noticed someone building in public, tweeting each step of their build process.
The thing is, we didn’t know anything about VEENO. So, we sat them down for a virtual coffee.
For Veeno:
Who are you, and where are you building from?
I'm Novee from France, the Founder of VeenoX, a DeFi trading platform we’re currently developing. I have just over 4 years of experience in web3 development, and I’ve been trading for about 3 years.
Why did you decide to build in public?
As a dev and a member of the Monad community, I wanted to showcase what building an app looks like behind the scenes. It was my way of adding value to the growing Monad ecosystem.
Why did you choose to double down on Monad?
A few months ago, I was searching for promising projects, and Monad caught my eye because of the game-changing technology they’re bringing to the EVM world—10K TPS and async execution, which results in a much better user experience. After joining their community, I quickly saw how dedicated people were to the project. I wanted to contribute, and that’s how I decided to build something that could integrate Monad.
How many people are on your team?
The team currently consists of three people. I brought on two others I’ve worked with for several years. One leads the backend, and the other handles social and legal aspects for VeenoX. I couldn’t manage everything alone, so bringing in trustworthy, hardworking people was essential.
How long did it take to build your perp DEX?
It’s been a little over a month so far. The first challenge was designing VeenoX to resemble what you find on widely used centralized exchanges. Then, I had to implement all the trading logic using Orderly’s SDK. I was impressed by how easy it was to set up—the product is clearly designed by developers, for developers.
What was the hardest part of the build?
If you want a trading platform, you need a clean and accurate chart. TradingView is the leader in charting, and it’s what we wanted for VeenoX. But integrating TradingView and customizing it to our needs was challenging, especially saving traders' indicators on refresh and setting up TP/SL or order lines accurately.
Any pro tips for someone looking to build with Orderly?
The first step is to explore the Orderly documentation and get a deep understanding of its modular architecture. Orderly handles the heavy lifting by providing all the infrastructure, so you don’t need to worry about backend servers or databases. Everything is built to be streamlined and developer-friendly. The hooks, in particular, are incredibly well-designed—they integrate seamlessly and work perfectly, allowing you to focus on building features without worrying about the infrastructure. This makes development much more efficient and scalable.
What’s in store for the future of VeenoX?
In addition to our perp DEX, we’re working hard on a major aspect of VeenoX: the Learn Trading & Earn program, which will bring a huge social element to the platform and revolutionize on-chain trading. We’re also developing a DEX & Bridge aggregator and our own highly flexible DEX, allowing us to deploy on Monad from day 1 and on any newly released EVM blockchain. Additionally, we’re exploring how to integrate a lending/borrowing protocol native to Monad.
